FXIFY rules include profit targets range from $1,250 (5%) to $5,000 (5%), with drawdown limits of 3% to 8%. The Lightning program enforces a strict 30% Rule and time limits of 3 Days to 7 Days.
News trading is permitted except in Instant and Lightning accounts.
FXIFY Rule Topics
The main rule categories enforced at FXIFY prop firm include:
- Challenge Rules
- Restricted Strategies
- Expert Advisors (EAs)
- Inactivity Policy
- Copy Trading
- News Trading
- Overnight & Weekend Holding
- IP Rules
- Consistency Rule
- Payout Policy
FXIFY Challenge Rules
As with many prop firms, the platform offers several evaluation and funding programs with specific targets and drawdown structures; FXIFY Program Conditions:
Program | Stage | Profit Target | Daily Loss Limit | Max Drawdown Type | Max Drawdown | Min Days | Max Days |
One Phase | Phase 1 | $2,500 (10%) | 3% | Trailing | 6% | N/A | N/A |
Funded | - | 3% | Trailing | 6% | N/A | N/A | |
Two-Phase | Phase 1 | $2,500 (10%) | 4% | Trailing | 10% | N/A | N/A |
Phase 2 | $1,250 (5%) | 4% | Trailing | 10% | N/A | N/A | |
Funded | - | 4% | Trailing | 10% | N/A | N/A | |
Three-Phase | Phase 1 | $1,250 (5%) | 5% | Static | 5% | N/A | N/A |
Phase 2 | $1,250 (5%) | 5% | Static | 5% | N/A | N/A | |
Phase 3 | $1,250 (5%) | 5% | Static | 5% | N/A | N/A | |
Funded | - | 5% | Static | 5% | N/A | N/A | |
Instant Funding | Funded | - | 8% | Trailing | 8% | N/A | N/A |
Lightning | Assessment | $5,000 (5%) | 3% | Trailing | 4% | 3 Days | 7 Days |
Funded | - | 3% | Trailing | 4% | 3 Days | - |
As mentioned above, only Lightning program has minimum and maximum days.
FXIFY Restricted Strategies
FXIFY prohibits the following trading strategies:
- High-Frequency Trading (HFT)
- Reverse and Group Hedging
- Account Management
- Latency Arbitrage
- Order Book Spamming
- Herd Trading and Collusion
- Exploiting Bugs and Glitches
- High Leverage News Trading
- Statistical Arbitrage
FXIFY Use of EA's
EAs are permitted in standard challenges, but it is not allowed in Instant and Lightning challenges.
FXIFY Inactivity
Accounts without any trade for 60 days are marked inactive and breached.
FXIFY Copy Trading
Copy trading between your own FXIFY and external accounts is allowed; Copying into FXIFY requires submitting a master HTML account statement. Copying from third parties is a violation.
FXIFY News Trading
News trading is allowed in all accounts except Instant and Lightning. Opening positions 5 minutes before or after high impact news events are not accepted.
FXIFY Overnight & Weekend Holding
Weekend holding is allowed in all accounts except Instant Funding.
FXIFY IP Rules
Using different IPs or devices is allowed. Multiple accounts on the same IP or CID may lead to a KYC review.
FXIFY Consistency Rule
A 30% Consistency Rule applies, only to Lightning accounts; Therefore, your best trading day profits must not exceed this amount.
FXIFY Payout
Withdrawal varies based on the challenges; for example:
- Lightning: First payout after 7 days, then biweekly
- Instant: First payout after 14 days of first trade, then biweekly
Writer’s Opinion and Conclusion
FXIFY rules require daily loss limits and drawdown types varied by model - Trailing in most, Static in 3-Phase. EA usage is allowed in evaluations but not in Lightning or Instant models.
Accounts inactive for 60 Days are breached; copy trading requires a master HTML Statement. For more educational articles, check out FXIFY tutorials page.
